Comments on: The Real History of the Markets http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 12:43:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: damo http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-194150 damo Thu, 16 Jul 2009 03:15:07 +0000 http://www.ritholtz.com/blog/?p=32209#comment-194150 Good to see you fighting the good fight! I have some sympathy for the view that stocks are a better investment at the moment, but Barry I think you could have nailed him more on the point that if you bought stocks 18 months ago or even 8 years ago prior to the tech wreck that you would have done disastrously. The important lesson is that no asset is a good investment if bought at the wrong price, so to tell people to always buy stocks (at any price seems to be his thesis) is a recipe for disaster. Good to see you fighting the good fight!

I have some sympathy for the view that stocks are a better investment at the moment, but Barry I think you could have nailed him more on the point that if you bought stocks 18 months ago or even 8 years ago prior to the tech wreck that you would have done disastrously.

The important lesson is that no asset is a good investment if bought at the wrong price, so to tell people to always buy stocks (at any price seems to be his thesis) is a recipe for disaster.

]]> By: Breakfast Links: « The Reformed Broker http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193555 Breakfast Links: « The Reformed Broker Wed, 15 Jul 2009 11:03:21 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193555 [...] Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold.  (TBP) [...] [...] Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold.  (TBP) [...]

]]> By: Steve Barry http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193153 Steve Barry Tue, 14 Jul 2009 13:25:50 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193153 Siegel is officially a quack who must be ignored. He claims that starting at low interest rates and reasonable valuations, you have a winning market. With rates low, that is the worst time to own stocks, as rates will likely be rising...ESPECIALLY IF YOU STATE ONE MINUTE EARLIER THAT TREASURIES ARE TOXIC ASSETS. And a P/E of 130, going to 1800, is not exactly reasonable...in fact, I call it INSANE. Siegel is officially a quack who must be ignored. He claims that starting at low interest rates and reasonable valuations, you have a winning market.

With rates low, that is the worst time to own stocks, as rates will likely be rising…ESPECIALLY IF YOU STATE ONE MINUTE EARLIER THAT TREASURIES ARE TOXIC ASSETS.

And a P/E of 130, going to 1800, is not exactly reasonable…in fact, I call it INSANE.

]]> By: GB http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193144 GB Tue, 14 Jul 2009 13:10:10 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193144 At the very least if you got people to think about bear bull cycles and stop losses and retirement you did a good job. Good info Barry, keep it coming. At the very least if you got people to think about bear bull cycles and stop losses and retirement you did a good job. Good info Barry, keep it coming.

]]> By: kburke http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193123 kburke Tue, 14 Jul 2009 07:09:58 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193123 Barry, How are you invested? Kevin Barry,
How are you invested?

Kevin

]]> By: sabbadoo32 http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193120 sabbadoo32 Tue, 14 Jul 2009 05:29:18 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193120 Funniest line: Rithotz: "Can I tell you something?" Kudlow: (ignores, blathers on) Funniest line:

Rithotz: “Can I tell you something?”

Kudlow: (ignores, blathers on)

]]> By: patrick_g http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193114 patrick_g Tue, 14 Jul 2009 04:59:23 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193114 Siegel is fighting the wrong battle. Why is it, despite ubiquitous and cheap computation and communications, that transaction costs can kill you? Why is it that it can cost a retail investor $10,$20,$30 PER TRADE? It's CRAZY. It should cost pennies. Another example of the banksters distorting markets by using their power and privilege to jack-up transaction costs. Siegel is fighting the wrong battle. Why is it, despite ubiquitous and cheap computation and communications, that transaction costs can kill you? Why is it that it can cost a retail investor $10,$20,$30 PER TRADE? It’s CRAZY. It should cost pennies. Another example of the banksters distorting markets by using their power and privilege to jack-up transaction costs.

]]> By: David Yaseen http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193109 David Yaseen Tue, 14 Jul 2009 04:09:08 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193109 I'm embarrassed for my country. Such blatant misdirection. I don't know why you put up with it, Barry. We've got your back. I’m embarrassed for my country. Such blatant misdirection. I don’t know why you put up with it, Barry. We’ve got your back.

]]> By: investorinpa http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193107 investorinpa Tue, 14 Jul 2009 04:00:06 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193107 Barry, congrats on not asking Siegel how that ETF company he endorsed is doing....you could have seriously called him out and made him cry himself to sleep! Barry, congrats on not asking Siegel how that ETF company he endorsed is doing….you could have seriously called him out and made him cry himself to sleep!

]]> By: R.D. http://www.ritholtz.com/blog/2009/07/the-real-history-of-the-markets/comment-page-1/#comment-193106 R.D. Tue, 14 Jul 2009 03:57:38 +0000 http://www.ritholtz.com/blog/?p=32209#comment-193106 Kudlow,Kniel, Siegel,..................... disinformation. Kudlow,Kniel, Siegel,………………… disinformation.

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